The main terms of a contract are usually determined by both parties through consultation. The parties can determine the terms of the contract based on the type and nature of the contract. Sometimes the main terms of a contract are directly stipulated by law. When the law directly stipulates that a certain contract should have certain terms, these terms are the main terms.
[Legal Basis]
In Article 470 of the Civil Code, the contents of a contract shall be agreed upon by the parties and generally include the following clauses:
(1) The names and domiciles of the parties;
(2) Subject matter;
(3) Quantity;
(4) Quality;
(5) Price or remuneration;
(6) Time limit, place and method of performance;
(7) Liability for breach of contract;
(8) Methods of dispute resolution.
The parties may enter into a contract by reference to model versions of various contracts. (The effective date of the Civil Code is January 1, 2021)